MYGNMyriad Genetics, Inc.

$5.83-26% 1Y

Is it safe?

Watch

Caution warranted: heavy debt (CCC) and big price swings.

2 to watch, 4 without data
Credit gradeCCCderived · Jun 30, 2026

Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.

Drawdown risk83% volderived · Oct 23, 2026

Large price swings, high volatility. Worst drawdown -94% · now 29% below its 52-week high.

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can MYGN take a bad year?

Myriad Genetics, Inc. carries $5.5M of net debt as at Q2 2027, with no operating profit to service it.

$5.5M

Net debt · as at Q2 2027 · debt less the cash on hand, with no positive EBITDA to service it

Interest cover
none

Interest cover · no operating profit to pay the interest bill from

Annualised volatility
83%

Annualised volatility · S&P 500 16% · about 5 times the market's own swing

Worst drawdown on file
−94%

Worst drawdown on file · −29% today

Details›
Total debtQ2 2027
$121M
Cash and short-term investments
$115M
Net debt
$5.5M
EBITDA, trailing twelve months
−$64M
Operating profit, trailing twelve months
−$99M
Debt / equity
0.40×
Annualised volatilitytwo years of daily moves
83%
Worst drawdown on file
−94%
Below its 52-week high
29%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.

The balance sheet

What it owes against what it owns, and how close that comes to trouble.

How far can it fall?

How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.